Lumber baron's heirs inherit, 92 years after death

By: Associated Press
By: Associated Press

Ninety-two years after his death, Saginaw lumber baron Wellington R. Burt is finally parting with the fortune he withheld from his descendants until 21 years after the death of his last grandchild.
The estate is now valued at $100 million to $110 million. It will be shared among 12 of his heirs later this month.
According to The Saginaw News, Burt was once was among the eighth wealthiest Americans.
Nineteen-year-old Christina Cameron of Lexington, Ky., is the youngest of the 12 and is in line to receive $2.6 million to $2.9 million.
She says one thing is pretty clear: Her great-great-great grandfather didn't have much use for his family back then.

WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 121486909 -
Gray Television, Inc.